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I'd like to sell my coin.

topstuftopstuf Posts: 14,803 ✭✭✭✭✭

Hi, I'd like to sell my coin.
Yessir, may I see it, please?
Sure, here.
Oh sir, we don't buy these.
Why not?
Well, because you don't have a label saying you weren't stupid.
But last time you said I was stupid to have it graded by the wrong company.
Yessir, that was then.
So, I paid the "right" company to grade and authenticate it.
Bravo, sir!
So, why won't you buy this now that it's in the holder you told me would be best.
Like I said, sir, you don't have an "I wasn't stupid" label with it.
Well, that's sort of stupid, isn't it?
Not really sir. We want to buy coins from people who weren't stupid.
Are you saying I'm stupid?
Nossir, that isn't for us to say.
But if I pay someone to ....say... I'm not stupid, then you'll buy it?

For the time being, sir.
;):pB):|:o

Comments

  • coinkatcoinkat Posts: 23,997 ✭✭✭✭✭

    Sort of reminds me of the efforts of Chico Marx selling racing tips at the track to Dr. quackenbush (Groucho Marx) in "A Day At The Races"... very funny for those of you who have not seen the film...

    Experience the World through Numismatics...it's more than you can imagine.

  • CoinstartledCoinstartled Posts: 10,135 ✭✭✭✭✭

    Rollo nailed it!

  • crazyhounddogcrazyhounddog Posts: 14,131 ✭✭✭✭✭

    Great read! Thanks for sharing that :)

    The bitterness of "Poor Quality" is remembered long after the sweetness of low price is forgotten.
  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭

    I guess the OP likes the word stupid.

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    @tradedollarnut said:
    1950: I'd like to sell my coin. What? That's fine money and you sold it to me as extremely fine

    1970: I'd like to sell my coin. What? That's AU money and you sold it to me as BU

    1980: I'd like to sell my coin. What? That's BU money and you sold it to me as Gem BU

    1990: I'd like to sell my coin. What? That's raw money and you sold it to me as certified

    2000: I'd like to sell my coin. What? That's 2nd tier TPG money and you sold it to me as top tier

    2010: I'd like to sell my coin. What? That's NGC money and you sold it to me as PCGS

    2017: I'd like to sell my coin. What? That's unstickered money and you sold it to me as stickered

    Bottom line is the more things change, the more they stay the same....

    Bottom SCARY line is the more things change, the fewer people want to put up with it.
    :/

  • bolivarshagnastybolivarshagnasty Posts: 7,353 ✭✭✭✭✭

    Bottom SCARY line is the more things change, the fewer people want to put up with it.
    :/

    As I continue to watch the PCGS3000 index plummet, can't help but wonder if this is the reason.

  • mercurydimeguymercurydimeguy Posts: 4,625 ✭✭✭✭

    @tradedollarnut that's like the post of the year right there man, couldn't stop laughing and agreeing.

  • epcjimi1epcjimi1 Posts: 3,489 ✭✭✭
    edited June 27, 2017 1:09PM

    @bolivarshagnasty said:

    As I continue to watch the PCGS3000 index plummet, can't help but wonder if this is the reason.

    I guess the graph updates soon. What's up with this?

    http://www.pcgs.com/prices/frame.aspx?type=coinindex&filename=index

    photo index2graph.gif

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    It has to happen that every level of further NON ACQUISITION expenses will cut into activity.
    That's an immutable law of business.

    I can't think of anything that would be more difficult to explain to a neophyte than the ever increasing levels of essentially NOTHING conducive to getting more coins.

    This madness is all about levels of ....supposed..... "protection."
    ....Like being "insurance poor."

    There's always going to be a "great idea" for ....MARKETING.... but it's adding nothing to the ENJOYMENT of the hobby.

    I'll leave it to you to predict what happens when .....enjoyment.... leaves an activity.

    :|:|:|

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    @tradedollarnut ...still laughing at that one......

    It is true that innovations (read that TPG, FPG etc.) tend to sour the attitude of older collectors... however, for other segments of the collector/dealer population, they signal profit opportunities and, because many have not been in the hobby that long, often appear to be improvements. Much like new fangled contraptions like dish washers, all the fancy enhancements on automobiles and - of course - cell phones and computers, have become de rigueur in modern life, so it is with coin collecting. As someone once said, 'The only thing that remains the same, is change itself.'... So... it will go on, and some will leave the hobby...not many. Personally, I continue to enjoy coin collecting, perhaps partially because I do not sell coins, and also because I just enjoy the coin and buy only that which pleases me. Onward we go, into that bright, but unforeseeable future...Cheers, RickO

  • oih82w8oih82w8 Posts: 12,749 ✭✭✭✭✭

    This is soooo true with varieties. The dealer would buy it for a non-variety and then turn around sell it as a variety.

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • BillJonesBillJones Posts: 35,032 ✭✭✭✭✭

    When I was dealer, I'd buy anything if I liked it and the price was right. I even bought a couple of pieces in holder that shall not be mentioned because of past law suits. The only thing was I didn't want that holder in my case so I cracked out the token and coin and sold them raw.

    The trouble is if it was raw or in "the wrong holder," you have figure what it what you can sell it for "as is," or figure out how much it is going to cost you to get in the "right holder" with some space left for grading company fussiness or mistakes. That means you can't pay as for something raw or something that is in a second level holder as you can for something in a top holder.

    Sorry guys, but that's the way it has to work. Dealers have to make money to stay in business.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • TwoKopeikiTwoKopeiki Posts: 9,925 ✭✭✭✭✭

    The only problem with that list is that in reality it gets compounded every decade with the excuses from all the previous ones.

  • DoubleEagle59DoubleEagle59 Posts: 8,402 ✭✭✭✭✭

    @tradedollarnut said:
    1950: I'd like to sell my coin. What? That's fine money and you sold it to me as extremely fine

    1970: I'd like to sell my coin. What? That's AU money and you sold it to me as BU

    1980: I'd like to sell my coin. What? That's BU money and you sold it to me as Gem BU

    1990: I'd like to sell my coin. What? That's raw money and you sold it to me as certified

    2000: I'd like to sell my coin. What? That's 2nd tier TPG money and you sold it to me as top tier

    2010: I'd like to sell my coin. What? That's NGC money and you sold it to me as PCGS

    2017: I'd like to sell my coin. What? That's unstickered money and you sold it to me as stickered

    Bottom line is the more things change, the more they stay the same....

    In Canada................

    2017, I'd like to sell my coin, "Sorry sir, we're not buying right now". (depressed Canadian market).

    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • BillDugan1959BillDugan1959 Posts: 3,821 ✭✭✭✭✭

    Bump

  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    Legend of the lost. :D

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